Project Live Inc
Project Live Inc: Stable Finances, Consistent Program Spending
EIN: 222322102 · Newark, NJ · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $9.2M |
| Total Expenses | $7.7M |
| Program Spending | 85% |
| Net Assets | $8.9M |
| Transparency Score | 75/100 |
Is Project Live Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Project Live Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Project Live Inc
Project Live Inc (EIN: 222322102) is a nonprofit organization based in Newark, NJ. The organization reported total revenue of $9.2M and total assets of $16.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Project Live Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Project Live Inc is a mid-size nonprofit that has been operating for 44 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 1.9%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $7.8M |
| Total Expenses | $7.7M |
| Surplus / Deficit | +$101K |
| Total Assets | $15.4M |
| Total Liabilities | $6.6M |
| Net Assets | $8.9M |
| Operating Margin | 1.3% |
| Debt-to-Asset Ratio | 42.5% |
| Months of Reserves | 24.0 months |
Financial Health Grade: A
In 2024, Project Live Inc reported a surplus of $101K with revenue exceeding expenses, holds 24.0 months of operating reserves (strong position), has a debt-to-asset ratio of 42.5% (moderate leverage).
Financial Trends
Over 14 years of filings (2011–2024), Project Live Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +4.5% | +6.2% | +2.1% |
| 2023 | +8.7% | +3.5% | +1.5% |
| 2022 | -4.9% | -4.5% | -3.5% |
| 2021 | -8.4% | +5.2% | -0.8% |
| 2020 | +3.7% | +3.6% | +4.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1982 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Project Live Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Project Live Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $101K, with revenue exceeding expenses.
- Debt-to-asset ratio: 42.5%.
Executive Compensation Analysis
Executive compensation cannot be assessed from the provided data as specific figures for individual salaries are not included in the financial filings.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Project Live Inc:
- Consistent revenue generation over several years, with 2024 revenue at $7,818,969.
- Healthy asset base, with total assets reported at $15,437,753 in 2024.
- Low liability-to-asset ratio, indicating strong financial solvency (e.g., $6,554,762 liabilities against $15,437,753 assets in 2024).
- Expenditures consistently below revenue in most recent years, suggesting sound financial management.
Frequently Asked Questions about Project Live Inc
Is Project Live Inc a legitimate charity?
Project Live Inc (EIN: 222322102) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 75/100. It has 14 years of IRS 990 filings on record. Total revenue: $9.2M. No red flags identified. 4 strengths noted. Financial health grade: A.
How does Project Live Inc spend its money?
Project Live Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Project Live Inc tax-deductible?
Project Live Inc is registered as a tax-exempt nonprofit (EIN: 222322102). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Project Live Inc's spending goes to programs?
Project Live Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Project Live Inc located?
Project Live Inc is headquartered in Newark, New Jersey and files with the IRS under EIN 222322102.
How many years of IRS 990 filings does Project Live Inc have?
Project Live Inc has 14 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $9.2M in total revenue.
What does Project Live Inc do?
Project Live Inc is a nonprofit organization in the Unknown sector, located in Newark, New Jersey. It is classified under NTEE code Unknown.
How much revenue does Project Live Inc have?
Project Live Inc reported total revenue of $9,180,837. Based on 14 IRS 990 filings on record.
What are Project Live Inc's total assets?
Project Live Inc holds total assets of $16,009,953 as reported in IRS 990 filings.
Where is Project Live Inc located?
Project Live Inc is based in Newark, New Jersey.
What is Project Live Inc's EIN?
Project Live Inc's Employer Identification Number (EIN) is 222322102. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Project Live Inc?
Project Live Inc is classified under NTEE code Unknown (Unknown).
Is Project Live Inc a registered 501(c)(3)?
Project Live Inc appears in IRS records (EIN: 222322102). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Project Live Inc file IRS Form 990?
Yes, Project Live Inc has 14 IRS Form 990 filings on record. The most recent covers tax period 202406.
What was Project Live Inc's revenue in 2024?
In the 202406 filing period, Project Live Inc reported total revenue of $7,818,969, total expenses of $7,718,041, and net assets of $15,437,753.
Is Project Live Inc's revenue growing or declining?
Project Live Inc's revenue is relatively stable. Revenue went from $7,483,045 (202306) to $7,818,969 (202406), a +4.5% change. Based on 14 filings on record.
What is Project Live Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Project Live Inc covers tax period 202406. It shows revenue of $7,818,969, expenses of $7,718,041, total assets of $15,437,753, and liabilities of $6,554,762.
How much does Project Live Inc spend on programs vs administration?
Based on IRS 990 analysis, Project Live Inc allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Project Live Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Project Live Inc appears trustworthy. Mission Score: 75/100 (Good). No red flags identified. 4 strengths noted.
What are Project Live Inc's strengths?
Positive indicators for Project Live Inc include: Consistent revenue generation over several years, with 2024 revenue at $7,818,969.. Healthy asset base, with total assets reported at $15,437,753 in 2024.. Low liability-to-asset ratio, indicating strong financial solvency (e.g., $6,554,762 liabilities against $15,437,753 assets in 2024).. Expenditures consistently below revenue in most recent years, suggesting sound financial management.. These findings are derived from AI analysis of the organization's financial filings.
How does Project Live Inc compensate executives?
Executive compensation cannot be assessed from the provided data as specific figures for individual salaries are not included in the financial filings. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How transparent is Project Live Inc?
• Financial data consistently reported across multiple years, indicating a stable reporting practice. • No specific program details or impact metrics are readily available in the provided data, limiting a deeper understanding of program effectiveness. • The 'c0%' in financial filings likely indicates no lobbying expenses, suggesting a focus on direct service delivery. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.
Given the consistent 'c0%' in lobbying expenses across all years, what is Project Live Inc.'s primary strategy for advocating for its mission and beneficiaries?
The consistent 'c0%' for lobbying expenses suggests that Project Live Inc. primarily focuses on direct service delivery and operational impact rather than legislative advocacy. Their strategy likely involves direct engagement with the community and beneficiaries to achieve their mission.
How does Project Live Inc. manage to maintain a relatively stable asset base and revenue despite fluctuations in the broader economic environment over the past several years?
Project Live Inc. appears to have a resilient funding model, possibly through diversified funding sources or long-term grants/contracts, which allows them to maintain a stable asset base (e.g., $15,437,753 in 2024) and consistent revenue streams even during economic shifts.
Filing History
IRS 990 filing history for Project Live Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Project Live Inc's revenue has grown by 27.2%, moving from $6.1M to $7.8M. Total assets increased by 13.6% over the same period, from $13.6M to $15.4M. Total functional expenses rose by 24.2%, from $6.2M to $7.7M. In its most recent filing year (2024), Project Live Inc reported a surplus of $101K, with revenue exceeding expenses. The organization holds $6.6M in liabilities against $15.4M in assets (debt-to-asset ratio: 42.5%), resulting in net assets of $8.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $7.8M | $7.7M | $15.4M | $6.6M | — | View 990 |
| 2023 | $7.5M | $7.3M | $15.1M | $6.5M | — | View 990 |
| 2022 | $6.9M | $7.0M | $14.9M | $6.5M | — | View 990 |
| 2021 | $7.2M | $7.3M | $15.4M | $6.7M | — | View 990 |
| 2020 | $7.9M | $7.0M | $15.6M | $6.9M | — | View 990 |
| 2019 | $7.6M | $6.7M | $14.9M | $7.2M | — | View 990 |
| 2018 | $7.7M | $6.9M | $14.2M | $7.3M | — | View 990 |
| 2017 | $7.3M | $7.4M | $13.4M | $7.4M | — | View 990 |
| 2016 | $7.1M | $7.7M | $13.5M | $7.3M | — | View 990 |
| 2015 | $7.2M | $7.7M | $14.3M | $7.5M | — | View 990 |
| 2014 | $7.2M | $7.5M | $14.9M | $7.6M | — | View 990 |
| 2013 | $7.1M | $7.2M | $15.3M | $7.8M | — | View 990 |
| 2012 | $7.1M | $6.8M | $14.3M | $6.3M | — | View 990 |
| 2011 | $6.1M | $6.2M | $13.6M | $5.8M | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $7.8M, expenses of $7.7M, and assets of $15.4M (revenue +4.5% year-over-year).
- 2023: Revenue of $7.5M, expenses of $7.3M, and assets of $15.1M (revenue +8.7% year-over-year).
- 2022: Revenue of $6.9M, expenses of $7.0M, and assets of $14.9M (revenue -4.9% year-over-year).
- 2021: Revenue of $7.2M, expenses of $7.3M, and assets of $15.4M (revenue -8.4% year-over-year).
- 2020: Revenue of $7.9M, expenses of $7.0M, and assets of $15.6M (revenue +3.7% year-over-year).
- 2019: Revenue of $7.6M, expenses of $6.7M, and assets of $14.9M (revenue -1.2% year-over-year).
- 2018: Revenue of $7.7M, expenses of $6.9M, and assets of $14.2M (revenue +6.2% year-over-year).
- 2017: Revenue of $7.3M, expenses of $7.4M, and assets of $13.4M (revenue +1.9% year-over-year).
- 2016: Revenue of $7.1M, expenses of $7.7M, and assets of $13.5M (revenue -1.4% year-over-year).
- 2015: Revenue of $7.2M, expenses of $7.7M, and assets of $14.3M (revenue -0.2% year-over-year).
- 2014: Revenue of $7.2M, expenses of $7.5M, and assets of $14.9M (revenue +1.8% year-over-year).
- 2013: Revenue of $7.1M, expenses of $7.2M, and assets of $15.3M (revenue +0.7% year-over-year).
- 2012: Revenue of $7.1M, expenses of $6.8M, and assets of $14.3M (revenue +14.8% year-over-year).
- 2011: Revenue of $6.1M, expenses of $6.2M, and assets of $13.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Project Live Inc:
Data Sources and Methodology
This transparency report for Project Live Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.